Cloudera Said to Raise at Least $200 Million in Funding
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Cloudera Inc. is raising at least $200 million in a new round of financing from investors including Intel Corp., according to people with knowledge of the situation.
The deal values the maker of open source database software at more than $2 billion, said one of the people, who asked not to be identified because the information isn’t public. The Palo Alto, California-based company said today that it raised $160 million from investors including T. Rowe Price Group Inc., Google Inc.’s venture arm and Michael Dell’s investment firm. The Intel funding will be announced later, the people said.